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Journal articles on the topic 'Startup incubation'
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Petrucci, Francesco. "The incubation process of mid-stage startup companies: a business network perspective." IMP Journal 12, no. 3 (November 12, 2018): 544–66. http://dx.doi.org/10.1108/imp-07-2017-0043.
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Purpose The purpose of this paper is to preliminary attempt to deal with the phenomenon of business incubation from the industrial network perspective (Hakansson et al., 2009). The study draws on the Industrial Marketing and Purchasing (IMP) insights on new business formation and development in business networks as a starting point to shed light on the incubator–incubatee relationship content and development to see how this specific relationship influences the development process of a mid-stage business venture. The author believes that the IMP tradition – with its focus on interactions in business relationships – can positively contribute to implementing this neglected topic of incubation research. Design/methodology/approach The paper develops a longitudinal case study describing a mid-stage start-up venture initiating and developing a business relationship with a private business incubator. The relationship is explored through an abductive research design grounded in the IMP ARA model of analysis. The investigation focuses on how the incubation process unfolds through resources’ and actors’ interactions at different scales of analysis: the focal dyad, the incubation internal environment and the surrounding network. Particular “contextual” emphasis is put on new venture’s prior relationships. The study reveals three main findings. Findings Business incubation results as an emergent, and interdependent, process of interaction that develops among the incubator, the incubatee and external networked actors. In this perspective, the paper aims to re-discuss the role of the incubator in the process of forming and developing a new company considering its minor role in the wider developmental setting surrounding the incubatee. Research limitations/implications The paper introduces IMP concepts to business incubation debates, which can positively challenge and provide novel explanations about the recurring gaps of the literature. Further research should provide more detail on the role and functioning of interactive incubation in a business network context, addressing complex topics such as incubation performance and outcomes. Further research should also deepen and discuss the role of incubation relationships within the set of initial relationships of a new venture. Practical implications This analysis can be used to revise the general approach to the management and configuration of business incubators. Present insights could be helpful, in fact, to design more effective incubation offerings and models, as well as develop best managerial practices targeted at interacting with new venture especially in the resource dimension, both within and outside the incubation environment. Originality/value The incubation dyad, as a unit of analysis, has been scarcely addressed in incubation research. This is central for addressing the role of interactions, relationships and networks in incubation, all elements which have been too scarcely investigated. In addition, the paper deals with a private business incubator, a particular model which is in need for more research. Finally, the case of an established new venture which decides to enter a business incubator at a later stage of its development represents a peculiar case which does not fit classical research typically focused on new ventures “born and raised” entirely in incubation.
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Ghina, Astri, and Ina Sinaryanti. "The Learning Evaluation of Business Incubator's Role in Developing Technology-Based Startups at Technology Business Incubator." Asian Journal of Technology Management (AJTM) 14, no. 1 (2021): 35–56. http://dx.doi.org/10.12695/ajtm.2021.14.1.3.
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Abstract. Technology-based startup plays a vital role in improving the Indonesian economy. There are thousands of units of technology-based startups, though most of them are not adequately sustainable. The inadequacy is attributed to the fact that the products or services created are not in line with market needs and do not help understand business processes. Universities play an essential role in developing startups through business incubators to compete in the digital age. There is no conducive learning environment for business incubators in Indonesia, though the national standards are used. This research evaluates the learning process in a Technology Business Incubator in Bandung University using case study methods. Data is collected by performing in-depth interviews with three incubator managers and seven startup founders or tenants who have completed the incubation process. The business industry consists of education, design, printing, and fishery, while thehe interviews cover the process before, during, and after incubation, including the tenant's selection criteria and stages, learning processes in incubators and facilities, after graduation programs, and measurement of the impacts. The results show that the practices fit the ideal conditions, including training-focused and knowledge sharing session programs or skills, knowledge provisions, and expertise improvement programs for tenants, rental system facilities for graduates, and commercialization support. Furthermore, there are opportunities to improve several aspects, including developing tenant admission selection criteria, effective learning approaches, coaching, networking, and broader funding, graduation criteria, monitoring for graduates, and a more comprehensive range of impact measurement. This research helps guide business incubators to prioritize developing aspects of services. Moreover, evaluation using the mixed method is open for further investigation. Keywords: Business incubator, pre-incubation, main incubation, post-incubation, startup, learning evaluation
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Setiawati, Cut Irna, and Putri Meuthia Pratiwi. "Implementasi Model Timmons dalam pembinaan startup berbasis teknologi pada inkubator bisnis." Jurnal Manajemen Maranatha 19, no. 1 (November 13, 2019): 35–48. http://dx.doi.org/10.28932/jmm.v19i1.1574.
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In 2013 Indonesia has developed Bandung Techno Park (BTP) as the business incubator and develop Startup Corner (SC) program. SC has four main phrases, such as Registration, Selection through Presentation, Pre Incubation, and Implementing Incubation Process. However, SC has not been maximized in identifying aspects of opportunities, teams and resources. The purpose of this research is to know the role of SC in developing in relation with opportunity, team, and resources aspects. This research used descriptive qualitative method, with Timmons Model approach. The sample of this research is SC members and BTP supervisor by using structural interview with informans. As the results, the role of SC on the dimension of idea has played for product development, business model, and selling price. Market demand dimension is directing customer translation so that can assist in reaching customer opportunity and expanding market reach. Furthermore the role of SC in developing startup of team aspect based on leader dimension and team quality. The SC through training program has purposed to shape the entrepreneurial character during Pre Incubation activities. In creating the quality of the team submitted by setting an advisable work discipline in accordance with the BTP working hours other than that Startup Corner helps in disseminating recruitment information for startup requiring members. The role of SC in developing startup from the aspect of resources has provided physical facilities, then assistance to make the legality of a business entity, patent but there is no funding for the sustainability of a startup, then diverted in incubation or other programs. SC arranges all the sections for startup participants and has a good results but the final maitenance would take effort from the startups itself, because BTP only supports them and building the business model in techonology in short time.
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Herawan, Didit. "DESIGN THINKING APPROACHES IN DEVELOPMENT OF INDONESIA HIGHER EDUCATION STARTUP." JOBS (Jurnal Of Business Studies) 5, no. 2 (December 28, 2019): 103. http://dx.doi.org/10.32497/jobs.v5i2.1711.
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<em>The Design Thinking approach as a method of problem solving and product innovation is well known in business, management and entrepreneurship. However, various design thinking models created by individual researcher and corporations often confuse users about which model to use. This research was conducted with the aim of observing the suitability of five selected design thinking models to support the development of startups in a business incubator. The research applies qualitative descriptive method using a case study of PT. Jiwa Gelora Juara (PT-JGJ) startup development at the Bakrie University’s UBpreneur business incubator. It observes the design thinking process in the pre-incubation, incubation and post incubation stages. The research findings show that each design thinking model has its own strengths and weaknesses in a certain situation, but most of the models are more suitable implemented in the new product/process development phase. To support the startup’s growth stage, other management tools are needed.</em>
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Otieno, Victor, and Stephen Muathe. "A Reflection Approach on Business Incubation Services: Accelerating Startup Businesses in Kenya." International Journal of Research and Innovation in Social Science VII, no. V (2023): 1375–400. http://dx.doi.org/10.47772/ijriss.2023.70605.
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The focus of this study was to determine how business incubation services accelerate the growth of start-ups in Nairobi City County, Kenya. The specific objectives were to examine the effect of networking services, physical incubation infrastructure, management advice, financial resources, and business planning on the growth of startups. The theories of the firm, stochastic theory, social network theory, real option theory and trait theory of entrepreneurship anchored the study variables. A descriptive research design was used, and a sample of 227 respondents was selected using proportionate stratified and simple random sampling techniques from a target population of 567 startups that had been in an incubation process. A questionnaire was used to collect primary data, and the data was analyzed using descriptive and regression statistical techniques. The findings indicated that there was a significant and positive relationship between networking services, physical infrastructure, management advice, financial resources, and business planning and the growth of startups. In order to have access to physical infrastructure, startups are encouraged to join startup associations like the Association of Startups and SME Enablers of Kenya, the Association of Countrywide Innovation Hubs, and other independent incubation facilities. A clear act governing startups can offer tax incentives to startups, reducing costs in the form of financing and providing tax breaks to startup investors, improving their financial standing. Incubator owners are encouraged to take startups through business planning courses that are critical to ensuring they scale up their businesses. Finally, through the triple helix model, business incubators can partner with universities and government agencies to create synergy instead of competing among themselves.
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Lutfiani, Ninda, Untung Rahardja, and Ita Sari Perbina Manik. "Peran Inkubator Bisnis dalam Membangun Startup pada Perguruan Tinggi." Jurnal Penelitan Ekonomi dan Bisnis 5, no. 1 (March 24, 2020): 77–89. http://dx.doi.org/10.33633/jpeb.v5i1.2727.
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Startups are sufficiently developed in Indonesia to become a trend in business incubators that include college or university students. This is due to the incubation concept and program offered to prospective entrepreneurs who have potential ideas in business. Thus, research was conducted to determine the role of business incubators in building startups in universities. But there are obstacles in developing startups, limited technology, leadership and management. The study was conducted at the Alphabet Incubator of Raharja University with a qualitative approach. The research method used is the method of observation and literature review by collecting data that aims to simplify the process. It can be seen how the government encourages business incubators in developing startups and introducing business through technology. The research objective is to increase innovation or creativity in developing successful new startups in higher education. Seen from students utilizing the facilities at the Alphabet Incubator to develop small businesses in the digital industry to increase workforce.Keywords: Business Incubator; Startup; Innovation or CreativityStartup cukup berkembang di Indonesia sehingga menjadi trend dalam inkubator bisnis yang mencakup mahasiswa atau mahasiswi di perguruan tinggi. Hal ini disebabkan konsep dan program inkubasi yang ditawarkan kepada calon wirausaha yang mempunyai ide potensial dalam bisnis. Sehingga penelitian dilakukan untuk mengetahui peran inkubator bisnis dalam membangun startup pada perguruan tinggi. Namun terdapat kendala dalam mengembangkan startup, terbatasnya teknologi, kepemimpinan dan manajemen. Penelitian dilakukan di Alphabet Incubator Universitas Raharja dengan pendekatan kualitatif. Metode penelitian yang digunakan adalah metode observasi dan literature review dengan mengumpulkan data yang bertujuan untuk mempermudah proses pengerjaannya. Dapat dilihat bagaimana pemerintah mendorong inkubator bisnis dalam mengembangkan startup dan mengenalkan bisnis melalui teknologi. Tujuan penelitian untuk meningkatkan inovasi atau kreativitas dalam mengembangkan startup baru yang sukses di perguruan tinggi. Terlihat dari mahasiswa memanfaatkan fasilitas di Alphabet Incubator untuk mengembangkan usaha kecil dalam industri digital untuk peningkatan tenaga kerja.Kata Kunci: Inkubator Bisnis; Startup; Inovasi atau Kreativitas
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Chiu, An-An, Shaio Yan Huang, Ling-Na Chen, and Wei-Hua Lin. "Earnings management and seasoned equity offerings: evidence from Taiwan started Go Incubation Board for Startup and Acceleration firms." Investment Management and Financial Innovations 17, no. 2 (June 16, 2020): 183–97. http://dx.doi.org/10.21511/imfi.17(2).2020.15.
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Although a large body of empirical research focuses on listed companies, less is done regarding small and medium enterprises. Under the authorities’ support, Taipei Exchange (TPEx) started Go Incubation Board for Startup and Acceleration Firms (GISA) in January 2014. This research yields insight into earnings management activities around seasoned equity offerings (SEO) based on GISA firms in Taiwan and the effectiveness of external corporate governance. Data for the study come from the GISA Market Observation Post System of TPEx and Taiwan Economic Journal. The results reveal that GISA firms with the incentives of raising funds are prone to upward accrual-based earnings management during SEO to avoid long-term negative consequences. Especially, firms with paid-in capital more than TWD (NT$) 30 million, higher fundraising amounts, or smaller-sized firms, tend to increase discretionary accruals. Finally, Certified Public Accountants (CPAs) and Big 4 accounting firms effectively serve as external corporate governance on mitigating earnings management. This study makes some contributions to GISA literature. First, expands the prior research, the different earnings management level before and listed on GISA, to the firms listed on GISA. Second, link up the relationship between the SEO and earnings management of GISA in Taiwan. Finally, it provides several contributions to regulators, for instance, the effectiveness of the counseling system provided by CPAs or Big 4 accounting firms. Also, the CPAs and Big 4 accounting firms serve as supervisors on corporate governance.
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Yusendra, M. Ariza Eka. "Building and Enhancing Startup Business Performance Using Entrepreneurial Marketing and Collaborative Business Incubation." International Journal of Psychosocial Rehabilitation 24, no. 1 (January 20, 2020): 1241–55. http://dx.doi.org/10.37200/ijpr/v24i1/pr200224.
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Lovrincevic, Marina. "Early-Stage vs. Growth-Stage Startups: Examining the Differences in the Perception of Factors Instrumental to Success." European Conference on Management Leadership and Governance 18, no. 1 (November 4, 2022): 256–62. http://dx.doi.org/10.34190/ecmlg.18.1.671.
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A stream of research available in the literature focuses on startup success factors, although there is a lack of consensus in determining what these factors are. In general, there are two critical groups of success factors, organizational and entrepreneurial, both considered to be integral parts of internal startup environment. Since the perception of early-stage (incubation stage) and growth stage (post incubation stage) startup entrepreneurs differ significantly they tend to perceive important success factors distinctively. As a result, attributes of success differ considerably. This paper aims at capturing internal startup environment as it is considered to be crucial in shaping startup’s success in contrast to external environment that is more remote and (usually) not manageable.
Primary data were collected using an online survey questionnaire and quantitative approach was used; data were analysed using descriptive statistics and Mann-Whitney U test. The final research sample consisted of 70 startups and the findings indicate that the perception of internal environment and its contribution to overall success differs significantly from the perspective of early-stage and growth stage startup entrepreneurs. Out of analysed internal factors, statistically significant differences were identified for prior experience in starting the company and self-confidence (individual’s/entrepreneur’s category factors) and internal startup organization and team-level competencies (organizational category factors).
The contribution of this research is evident in identifying important internal factors that determine startup’s success (that aspiring startup founders can benefit from) and providing an insight into the startup community in Croatia, thus contributing to a scarce empirical literature on the topic available. Limitations of the research include sample size and subjective assessment of the success factors, so recommendations for future research include repeating the research on a larger sample, covering the international level and widening a set of key-performance indicators that can be assessed at a higher level of rigour with objective metrics.
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Ssekiziyivu, Bob, Rogers Mwesigwa, Eunice Kabahinda, Sharon Lakareber, and Florence Nakajubi. "Strengthening business incubation practices among startup firms. Evidence from Ugandan communities." Journal of Enterprising Communities: People and Places in the Global Economy 17, no. 2 (December 17, 2021): 498–518. http://dx.doi.org/10.1108/jec-08-2021-0131.
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Purpose The purpose of this paper is to provide the initial evidence on the role of business incubation (BI) in supporting startups and BI practices from developing communities in Uganda. Design/methodology/approach This study is cross-sectional and a triangulation of quantitative and qualitative data were used. Data were collected by means of a questionnaire and an interview guide from 28 incubators. Findings Results indicate that business incubators play different roles in communities such as business assistance, networking, provision of necessary infrastructure and provision of an enabling environment. Furthermore, BI practices were identified such as networking, human resource, tenant management and assessment practices. Research limitations/implications This study was cross-sectional and thus monitoring changes in behavior of incubatees overtime was not possible. The study was conducted in Uganda, and it is possible that the results of this study can be generalized to developing communities with environments similar to that of Uganda. Practical implications The results are important for business incubators in improving the sustainability of startups in Uganda. The study will enable business incubators to understand their role and incubator practices in as far as supporting small and medium-sized enterprises is concerned. Originality/value While there have been a number of studies on BI, this study provides an initial empirical evidence on the role of BI and BI practices using evidence from developing communities in Uganda.
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Popov, Vladimir. "SHIFT IN PARADIGM: STARTUP BUSINESS-INCUBATION AT UNIVERSITIES DURING THE EDUCATIONAL DISCIPLINE INSIDE OF CURRICULUM RATHER THAN EXTRACURRICULAR ACTIVITIES OF STUDENTS." Scientific Journal of Astana IT University, no. 11 (September 30, 2022): 48–60. http://dx.doi.org/10.37943/wdne3944.
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Diploma or Dropout - it is argued, whether graduation is more important than a successful startup. Students drop either college or their ideas. A presented exploratory study about the incubation of technological startups among students tries to solve this contradiction. The curricula business incubation as the educational discipline inside of the curriculum was offered in opposition to the extracurricular activities of students. There is not a lot of data about this model of student incubation outside of the university's entrepreneurship center and every contribution is valuable. The used research method is Qualitative studies, so the surveys among students are conducted during and after the incubation process on the educational discipline "Startup & Technological Entrepreneurship". At the end of this research, the framework was proposed, a set of actions, for helping students to go all the way from Idea to Product and Techno-Business. The framework is tested on a limited number of students in several universities in developing countries. The experiment is about embedding the syllabus into the Curriculum and measuring of achievements of students. The course is supposed to be elective and only students wishing to develop something are accepted. Later, interviews are conducted with two groups of students: those who passed the offered course and those who tried to develop startups independently. The final aim is to prove whether the inter-curricular framework works and how it overperforms other similar extra-curricular solutions.
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Maxim Polyakov. "MAIN FORMS OF FUNCTIONING OF INNOVATIVE INTERNATIONAL BUSINESS AND COMMERCIALIZATION OF STARTUPS." Proceedings of Scientific Works of Cherkasy State Technological University Series Economic Sciences, no. 59 (December 28, 2020): 45–51. http://dx.doi.org/10.24025/2306-4420.1.59.2020.220493.
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The main approaches to the functioning of institutions for acceleration of venture business are researched and generalized in the article; the tendencies concerning forms of functioning of scientific and technological international business are substantiated and the characteristic of tendencies of the newest forms of commercialization of startups in scientific and technological international environment is resulted. The main aspects in the study of enterprises within the systematization of acceleration institutes are formed. At the same time, the interdependencies between the evolution of scientific and technological development of system structures of international business entities and the environment of its functioning are revealed.The activities of techno parks, startup incubators, startup accelerators, commercialization workshops are analyzed. The most effective forms of acceleration and incubation of scientific and technological international business, methods of adaptation of organizational structures and strategies, tools of their realization are detected. It is proved that scientific and technological international business becomes a kind of conductor of advanced scientific and technological ideas in the field of production and consumption, thus the development of entrepreneurial innovation, knowledge and information becomes the most important component of material production. The distribution of enterprises for acceleration and incubation of startups according to the indicator of startup investment is researched in the article, the growing popularity of accelerators that are focusing on short-term programs for projects at an early stage of scaling is demonstrated.The basic trends in the activities of startup accelerators are identified and formed in the process of analyzing trends in the form of organization and functioning of scientific and technological international business.
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AL-MUBARAKI, HANADI, and HOLGER SCHRÖL. "MEASURING THE EFFECTIVENESS OF BUSINESS INCUBATORS: A FOUR DIMENSIONS APPROACH FROM A GULF COOPERATION COUNCIL PERSPECTIVE." Journal of Enterprising Culture 19, no. 04 (December 2011): 435–52. http://dx.doi.org/10.1142/s0218495811000842.
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Business incubators are intended to support startup and entrepreneurial businesses by providing a number of services and resources to clients. The effectiveness of the business incubation industry has been debated since the industry gained popularity in the 1990s. But up to now, there exists no commonly agreed model in theory and practice to measure the effectiveness of business incubation in a standardized way. The aim of this paper is to identify and to assess critical dimension of business incubation, which are suitable to measure the effectiveness of business incubation. This research is a multi-method approach combining desk-research, interviews and a multi-case study of five incubator organizations in the Gulf Cooperation Council (GCC) member states. From these findings, a model for measuring the effectiveness of business incubation in a standardized way is developed. This model helps incubator manager, policy maker researchers, practitioners, stakeholders and government parties for successful implementation of business incubation initiatives. In addition, it increases new knowledge for academic literature incubators and economic development.
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Budilaksono, Sularso, Febrianty Febrianty, Fahrul Nurzaman, Ahmad Rosadi, Muhammad Anno Suwarno, Woro Harkandi Kencana, and I. Gede Agus Suwartane. "Development of the "SINEMA STARTUP" application for an ecosystem of startup idea creators using the SDLC and Lean Startup methods." Sinkron 8, no. 3 (August 27, 2023): 1293–302. http://dx.doi.org/10.33395/sinkron.v8i3.12938.
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Indonesia is a country with a dense population and among them are young people who have the potential to open new jobs. Many university graduates cannot be absorbed by the industry and they have to develop new businesses. The Central Statistics Agency (BPS) reported that the number of unemployed for the August 2020 period increased by 2.67 million people. The number of startups is growing and growing in Indonesia, but the main problems for startups are in the capital, human resources, customers, laws and regulations, and market segments. This research aims to develop the "Sinema Startup" application which aims to create and develop new startups in the right ecosystem. The research methodology uses a combination of SDLC (System Development Life Cycle) and Lean Startup methods with an Object Oriented approach. Respondents are potential startup creators, mentors, developers, testers, incubators, and investors. 1. Based on the results of User Acceptance Testing for the “Sinema Startup” Application, it was found that 93% of creators had no difficulty using the application and the remaining 7% had little difficulty. For mentors, 97% had no difficulty using the application and the remaining 3% had little difficulty. The limitations of this study are that not all stages of seeding, incubation, stocking, and publication can be carried out and the results monitored. The uniqueness of this research involves many users for testing, namely prospective startup creators, mentors, developers, testers, incubators, investors, students, and students. Testing this application requires a testing process that goes along with the growth of the Sinema Startup application.
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Tsaplin, Evgeny, and Yulia Pozdeeva. "International strategies of business incubation: the USA, Germany and Russia." International Journal of Innovation 5, no. 1 (February 16, 2017): 32–45. http://dx.doi.org/10.5585/iji.v5i1.130.
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In this paper we examine strategies of business incubation in the following countries: the USA, Germany and Russia using both a comparative theoretical analysis of different performance criteria of business incubators and interviewing experts who work directly with startup companies. We find that there are more differences than similarities between the strategies of business incubation in these countries. The USA prove to be far ahead of Germany and especially Russia in supporting start-ups. The study might impact a business practice in the way of clarifying the most significant characteristics and general trends of business incubation strategies in the countries mentioned to take them into account in the process of launching and developing startup companies in one or another country.
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David-West, Olayinka, Immanuel Ovemeso Umukoro, and Raymond Okwudiri Onuoha. "Platforms in Sub-Saharan Africa: startup models and the role of business incubation." Journal of Intellectual Capital 19, no. 3 (May 14, 2018): 581–616. http://dx.doi.org/10.1108/jic-12-2016-0134.
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PurposeThe purpose of this paper is to examine the startup models adopted by entrepreneurs in launching platform enterprises, and the effectiveness of business incubators across Sub-Saharan Africa (SSA).Design/methodology/approachData reflecting origin, models, services, ownership and other variables were collected on over 600 platforms and 196 incubators, and were analyzed using descriptive and inferential statistics.FindingsMarket portfolio of the platform startups is dominated by independent models, as incubators and accelerators were found to be inadequate in platform establishment within the region in terms of the services rendered to incubatees. The results also indicate that private ownership still dominates the startup ecosystem with a scant presence of public participation and almost a complete absence of public-private partnerships.Research limitations/implicationsThis exploratory study is constrained by a limited access to information on the platform ecosystem within the SSA region, curbing the scope of empirical work; but serves as a foundation for further investigations within the domain.Practical implicationsThe paper highlights the imperative for African Governments to make conscious efforts in driving enabling policies that will help bridge the gaps identified in facilitating the development of the region’s emergent platform economy.Originality/valueThe paper empirically elucidates the limited availability of critical resources necessary in supporting the successful development and growth of platform startups; and helps explain why the platform ecosystem within the region, though very active in the last decade, has not been laden with landmark and scaled innovations.
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Bist, Ankur Singh. "The Importance of Building a Digital Business Startup in College." Startupreneur Business Digital (SABDA Journal) 2, no. 1 (February 20, 2023): 31–42. http://dx.doi.org/10.33050/sabda.v2i1.265.
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Indonesia has enough established startups for them to become popular in business incubators that accept college or university students. This is because aspiring entrepreneurs who have business ideas are given access to the incubation concept and program. As a result, study was done to find out how business incubators help colleges create firms. However, there are barriers to developing businesses, including limited technology, management, and leadership. A qualitative methodology was used to carry out the study at Raharja University's Alphabet Incubator. Utilizing an observational research approach and a literature review to gather data with the goal of streamlining the procedure, It is clear that the government supports business incubators in creating startups and utilizing technology to expand businesses. The goal of the research is to boost creativity or innovation in creating successful new companies in higher education. seen from students making use of the Alphabet Incubator's resources to create small enterprises in the digital sector and expand the workforce.
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Susanto, Eko Heri. "PRE-INCUBATION FRAMEWORK OF SOFTWARE STARTUP USING GROW COACHING MODEL, BLOCK SCHEDULING AND DAILY SCRUM." TEKNOKOM 5, no. 2 (September 3, 2022): 125–35. http://dx.doi.org/10.31943/teknokom.v5i2.78.
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Pre-incubation of software startup is a training and coaching activity to improve understanding of knowledge and skills in developing software. The problem that occurs between education in universities and business incubators is the gap, namely the lack of mastery of knowledge and skills in developing software. The solution to this problem is to develop a framework for pre-incubation activities. In this framework, the methodology is used as a combination of the GROW coaching model, block scheduling, and daily stand-up meeting (daily scrum). If before participating in the pre-incubation the tenant takes 4 months to 6 months to build a website application, then after participating in the pre-incubation the tenant can create a website application within 1 week to 4 weeks.
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Annas, Mohammad, and Vivi Meilinda. "A Review of Indonesian Business Start-Up Incubator Models." Startupreneur Business Digital (SABDA Journal) 2, no. 1 (February 27, 2023): 86–97. http://dx.doi.org/10.33050/sabda.v2i1.260.
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The new global economy has a need for business incubation, which is brought on by deregulation, globalization, and the quick and significant advances in the fields of technology, telecommunications, and digitization. Every business incubator must be skilled at developing startup company strategy and have links to financial resources, related business communities, and business information and consultancy. Because the Business Incubator may strengthen the capacity and business performance of new science and technology-based entrepreneurial prospects, its role in the development of Innovative SMEs is particularly strategic.
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Rho, Young J., Sei-Chang Sohn, Dong-Heon Yang, and Choongseok Lee. "Open Innovation Platform-based Business Startup Incubation Model in Incheon International Airport Corporation." Journal of Society of Korea Industrial and Systems Engineering 40, no. 4 (December 31, 2017): 120–28. http://dx.doi.org/10.11627/jkise.2017.40.4.120.
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Wahyuddin, Wahyuddin, Herlyana Herlyana, Habriani Habriani, and Rahmawati Rahmawati. "Startup Project Leadership dalam Meningkatkan Produktivitas Pembelajaran di Masa Pandemi." PengabdianMu: Jurnal Ilmiah Pengabdian kepada Masyarakat 6, no. 4 (June 30, 2021): 416–26. http://dx.doi.org/10.33084/pengabdianmu.v6i4.1921.
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Learning problems amid a pandemic tend to be one-way. Teachers provide more one-way information and assignments to students without feedback, resulting in boredom for students studying online. Therefore, one solution is given through the startup project leadership (SPL) program. This activity was held on October 31 - November 27, 2020, at three elementary schools: SDN Mangkura III Makassar, SDN 234 Barambang II Maros Regency, and SD IT Asshiddiq Bone Regency, involving as many as 40 students. The results of the activity can be concluded that the SPL Program is a collaborative action of teachers in innovating to create quality education in the pandemic era consisting of 3 stages: Incubation which is the initial planning carried out by designing joint activities with students and parents related to the problems faced by students and solutions that will be applied; Startup which is an active activity for program realization agreed at the incubation stage; and Mobilization which is the final stage through process reflection, evaluation, and conclusion drawing, as well as follow-up to the results of program realization that have been carried out. The implementation of SPL is running well according to the time and targets that have been determined and can increase learning productivity during pandemics.
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Kosasih, Wilson, Ahmad Ahmad, Lithrone Laricha S., and Didi Widya Utama. "PERANAN PENDIDIKAN TECHNOPRENEURSHIP UNTUK PEMBANGUNAN BERKELANJUTAN: STUDI KONSEPTUAL." Jurnal Rekayasa Sistem Industri 5, no. 2 (November 30, 2016): 79. http://dx.doi.org/10.26593/jrsi.v5i2.2215.79-88.
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<em>This paper describes a technological business incubation model, developing integrated curriculum with technopreneurship education, as well as the involvement of Industrial Engineering of Tarumanagara University to create technology startup ecosystem. University holds the important role for enhancing technopreneurs in Indonesia. Academics or researchers as technology transfer agents, are responsible to disseminate technology entrepreneurship education broadly. Eventually, technological business incubator will able to accelerate commercialization of innovations or inventions from university researchs.</em>
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Lee, Daniel C., Xu Feng, and Yangmin Xiong. "What Supports Startups Need From Science and Technology Parks." International Journal of Financial Research 12, no. 5 (October 13, 2021): 211. http://dx.doi.org/10.5430/ijfr.v12n5p211.
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This study establishes strategies for the science and technology park (STP) operators to develop the support their hosted companies/startups (HCs) need to improve their performance at different stages of maturity. Unlike most of the research concentrated on the STP's viewpoints or used the after-the-fact results to create the policy guidelines for the operators, our paper uses the opposite approach by directly asking the HCs regarding what they need. From our survey results, we have identified two different strategies for improving HCs' performance. A comprehensive internal incubation network is necessary for any startup in a relatively mature development stage but with short settled years. On the other hand, a robust external incubation network is crucial for small-size startups in a low level of development stage but with long-settled years at STPs. We hope that the methodology underpinned in this study could open a new window for future research to better aid HCs in an STP.
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Ryabokon, Mykhailo, and Yurii Pikalov. "INNOVATIVE CLUSTERS OF BUSINESS ACCELERATORS IN THE SPHERE OF SCIENCE AND TECHNOLOGY ENTREPRENEURSHIP." Baltic Journal of Economic Studies 4, no. 5 (February 11, 2019): 291. http://dx.doi.org/10.30525/2256-0742/2018-4-5-291-296.
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In a broad sense, the author’s study was preconditioned by the problem of arranging the efficient system for positioning of the enterprises of venture entrepreneurship acceleration and incubation that today is quite a controversial aspect. At the same time, for today there are no studies and publications related to the identification of approaches to the positioning of clusters of the enterprise innovative activity acceleration that will make it possible to find the most efficient approaches to acceleration. Therefore, this paper is aimed at identifying the basic approaches in the positioning of startup acceleration and incubation institutes. Methodology. The study is based on the algorithms of cluster analysis. Having identified the key parameters of the analysed institutions, using the “Statistics7” program package, we have combined the input data to address the challenge of cluster analysis, consisting in classification breakdown, which meets the criterion of optimality. Proceeding from the research target, the rule “Single Linkage” was chosen as the key function. According to this rule, there are two objects, being the closest to each other. At the next step, the object, which has the maximum degree of similarity with one of the cluster objects, joins them. This method is also called the method of the closest neighbour as the distance between two clusters is defined as the distance between the closest two objects in different clusters. 1 - Pearson is chosen as a degree of distance as far as the given data cannot be presented as points in k-dimensional space. Results. The first part of this research contains a justification of the positioning indicators among the analysed startup accelerators, which were chosen for cluster analysis according to functioning models. In the second part, we consider the distinction of the functioning models of the obtained clusters and the features, typical for every enterprise, which has been involved in the study. Proceeding from the calculation of the configuration of distances of cluster formations using the method of k-means while approaching the process of startup acceleration and incubation, we have identified the aspect, which is of primary importance for the formation of resultative startup-accelerator. Practical implications. The obtained results make it possible to optimize the resources in the process of creation and positioning of startup accelerators and incubators. Value/originality. Based on the developed configuration of the distances of cluster formations using the method of к-means in approached-to-startup acceleration and incubation process, we have found out the best practices in the area of venture business acceleration.
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Gonzalez, Gilbert. "Risk Analysis for Initial Needs (RAIN): Improving a Time Zero Startup Plan through Resource Based Auditing (RBA) and a Launch Focused Strategy." Muma Business Review 1 (2017): 081–95. http://dx.doi.org/10.28945/3844.
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Using the Risk Analysis for Initial Needs (RAIN) planning model and its resource-based audit (RBA) tool to support the creation of a time zero startup business plan will improve the perceived value of the startup plan to founders and stakeholders by identifying gaps between the needs and availability of the needed resources at time zero. The case has been made that successful startups are beneficial to all stakeholders in the community, while startups that fail to sustain create significant costs, both actual and opportunity, for both themselves and the community. Depending on the source and the time frame referenced, emerging business failure rates range from 50% to 80% (BLS, 2016). This figure demonstrates the disappointing inefficiency of startups. What is not clear is whether the high failure rate, which has come to be accepted, is necessary. The creation of RAIN was motivated by the desire to seek a solution to the business problem of continuously high failure rates through improved startup business planning. RAIN improves the startup business plan by replacing traditional environmental auditing with resource-based auditing (RBA), and focusing on sustainability and scalability during the post-launch Incubation period. Using the RAIN startup planning model at time zero and throughout the early stages of the business lifecycle should improve sustainability and encourage founders to embrace developing and using startup plans. Experts agree that entrepreneurial enterprises are creators of economic growth. In fact, a recent study by Guzman and Stern looked at the attributable growth for a community based on the quality of the startups (Guzman & Stern, 2016). It was found that “a doubling of the entrepreneurial quality predicts an increase of 6.8% in GDP in 11 years” (Frick, 2016). This study emphasizes the need for more successes, rather than more startups. “We’ve long known that new businesses matter to the economy and that it’s a small group of fast-growing firms that matter most, because of the jobs and innovation they bring” (Frick, 2016). Founders, investors, creditors, incubators, government programs, and entrepreneurial education programs all benefit from improving the sustainability rate of startups. These benefits include job creation, debt default minimization, and expanded economic growth through the multiplier effect of the surviving business entity (Guzman & Stern, 2016). Improving the success rate of new businesses through improved time zero planning will have positive consequences for the community and economy.
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Agarina, Melda, Susanti Susanti, Hendra Kurniawan, Yusminar Yusminar, Muhammad Ariza Eka Yusendra, Stefanus Rumangkit, Sutedi Sutedi, and Edi Edi Pranyoto. "Pengembangan Startup dengan Pemanfaatan Teknologi di IIB DARMAJAYA." Jurnal Komunitas : Jurnal Pengabdian kepada Masyarakat 4, no. 2 (January 19, 2022): 114–18. http://dx.doi.org/10.31334/jks.v4i2.1654.
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Higher education is a party that can be the driving force or driving force for the emergence of young entrepreneurs. This is because tertiary institutions will strengthen mental attitudes, provide academic support, and social support to students to become entrepreneurs. In addition, universities provide knowledge to students about the sciences of becoming entrepreneurship. One of the universities that is trying to create young entrepreneurs based on technology or technopreneurs is the Darmajaya Institute of Informatics and Business (IIB Darmajaya). Regarding the progress of entrepreneurship in the Darmajaya IIB campus environment, the lecturer team who is also a community service team submitted a grant from the Ministry of Research, Technology and Higher Education's DRPM (Entrepreneurship Development Program) 2019-2021 program. This program is used as one of the flagship programs at the Darmajaya IIB campus as a means of increasing interest and the number of young entrepreneurs. The method of implementing PPK (Entrepreneurship Development Program) activities, namely: Understanding of technopreneurship, provision of tenant skills regarding technopreneur skills and development teams, product prototypes, making business plans and initial product / service presentations, incubation process to complete products / services, product launching and become a starup company. The results of the PPK activities carried out were the formation of six best tenants, namely: Essa Solution, Recycle_Indonesia, Informatika Ganesha, Beauty Start, Kutilang, IGE.Net
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Shi, Li Jun, Li Tong Ban, Hui Fen Liu, Jian Chao Hao, and Wei Yu Zhang. "Study on Biogas Production by Dry Anaerobic Co-Digestion of Animal Manure and Straw." Advanced Materials Research 236-238 (May 2011): 98–103. http://dx.doi.org/10.4028/www.scientific.net/amr.236-238.98.
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Dry anaerobic co-digestion of animal manure and straw was conducted to produce biogas. Startup characteristics and biogas production perform of dry digestion were studied, and the effect of operation temperature and incubation amount on dry digestion was also investigated. The study result showed that under the conditions of C/N=25-30, TS=20% and T=(36±1) °C,dry digestion can start up quickly with acclimated thickening sludge as incubation sludge. Compared to dry digestion of chicken manure and pig manure, dry digestion of cow manure proceeded steadily with high biogas yield. It is found that incubation is necessary in the process of dry digestion and biogas yield increases with more incubation amount. The appreciate incubation ratio is about 10%. Temperature change has apparent effect on biogas production, and it is suggested that mesophilic temperature should be chosen in the scaled project of dry digestion.
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Shi, Li Jun, Wen Lan Liu, Hui Fen Liu, and Wei Yu Zhang. "Optimization of Operation Parameters of Dry Anaerobic Co-Digestion from Animal Manure and Straw in a Batch Reactor." Advanced Materials Research 884-885 (January 2014): 475–80. http://dx.doi.org/10.4028/www.scientific.net/amr.884-885.475.
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Dry anaerobic co-digestion of animal manure and straw was conducted to produce biogas. Startup characteristics and biogas production perform of dry digestion were studied, and the effect of operation temperature and incubation amount on dry digestion was also investigated. The study result showed that under the conditions of C/N=25-30, TS=20% and T=(36±1)°C,dry digestion can start up quickly with acclimated thickening sludge as incubation sludge. Compared to dry digestion of chicken manure and pig manure, dry digestion of cow manure proceeded steadily with high biogas yield. It is found that incubation is necessary in the process of dry digestion and biogas yield increases with more incubation amount. The appreciate incubation ratio is about 10%. Temperature change has apparent effect on biogas production, and it is suggested that mesophilic temperature should be chosen in the scaled project of dry digestion.
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Vaz, Roberto, João Vidal de Carvalho, and Sandrina Francisca Teixeira. "Developing a Digital Business Incubator Model to Foster Entrepreneurship, Business Growth, and Academia–Industry Connections." Sustainability 15, no. 9 (April 26, 2023): 7209. http://dx.doi.org/10.3390/su15097209.
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The roles and positive impacts of business incubators, including virtual ones, in promoting entrepreneurship and innovation in multiple industries, and their consequent contributions to fostering sustainable economic growth and social development, have been highly advocated in the extant literature. Nonetheless, several authors highlight the urgent need to further carry out research concerning these structures’ operation models by involving end users, since knowledge related to this phenomenon remains scant. This study sets out to convey the third phase of a broader research and development project following a design science research methodology. Ultimately, this contributes to the field by proposing a new virtual business incubator model with immediate practical applicability. This model was cocreated and validated with 23 incubator managers and startup founders from 15 business incubation centers during focus group sessions and organized into 8 dimensions concluded as fundamental in future digital incubation programs. Moreover, this study offers knowledgeable guidelines to support academics, practitioners, organization managers, or other professionals interested in building and running virtual business incubators. The main strengths and weaknesses of the proposed model are also highlighted, and several recommendations are provided to surpass the expected challenging stages of its implementation.
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Manconi, Michele, Salvatore Bellomo, Anna Nosella, and Lara Agostini. "Attributes of Business Incubators: A Conjoint Analysis of Venture Capitalist’s Decision Making." Journal of Risk and Financial Management 15, no. 5 (May 6, 2022): 213. http://dx.doi.org/10.3390/jrfm15050213.
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Startups contribute significantly to the economic development of a country. Despite their importance and promising future, they are extremely fragile, mainly for their lack of tangible and intangible resources. Since this can be obtained through an incubation process, business incubators (BIs) could have a significant impact on the survival rate of startups. Once defined their core structure and value proposition, there are other players, such as venture capitalists who could guarantee the funds necessary to make the startup’s business grow over time. Drawing on the resource-based view theory, this research explores whether some BIs could represent a certification of startup quality for venture capitalists (VCs). Specifically, we investigate whether some specific attributes of BIs increase the probability that a VC funds startups after being incubated; to this purpose, we carry out an experiment on a European sample of VCs. Results demonstrate that some characteristics of the BI can produce a sort of certification effect to the incubated startups, increasing the probability of being funded by VCs.
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Maulana, Danis, M. Lukman Arif, Ristanti Akseptori, and Yesica Novrita Devi. "Increasing Business Survival Rate with Data Integration Business Strategy and Technology Commercialization." Jurnal Entrepreneur dan Entrepreneurship 11, no. 1 (September 24, 2022): 15–28. http://dx.doi.org/10.37715/jee.v11i1.2443.
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Increasing Business Survival Rate with Data Integration
Business Strategy and Technology Commercialization
Abstract
Technology commercialization is a series of processes from the development and marketing of a technology that is designed to reach a point that can be applied to a production or consumption activity so that it can generate profits. The success or failure of the commercialization of technology-based businesses is influenced by several factors, including the capacity of startups as technology-based entrepreneurs, mentors who accompany, incubation centers that carry out the incubation process, and value of the Technology Readiness Level (TKT) of commercialized technology products. This study aims to explain the increase in startups business survival rates with data integration of business strategies and technology commercialization. This research was conducted with the stages of exploring the problems and conducting a SWOT analysis of East Java startups, analyzing survival rate, making information system prototypes, and analyzing data integration and business strategies. The results showed that Usability Testing received an assessment of 87% consisting of 86% Easy of Use aspect, 88% Easy of Learning aspect, 86% Satisfaction aspect, and 89% on the Usefulness aspect. So information system designed is included very worthy category. The largest percentage of business problems by the HRM (24%) and Operations (24%) therefore need to get attention for solutions.
Keywords: survival rate, startup, macroeconomics, Technology Readiness Level, prototype
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Sudiana, Kiki, Erni Tisnawati Sule, Imas Soemaryani, and Yunizar Yunizar. "DISCOVERING SUPPORT NEEDED FOR STARTUPS IN THEIR EARLY STAGES USING ON PENTA HELIX FRAMEWORK." Business: Theory and Practice 21, no. 1 (March 16, 2020): 212–21. http://dx.doi.org/10.3846/btp.2020.10930.
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Startup companies are expected to become the new engines of economic growth through the rise of new innovation-based entrepreneurs. The Penta Helix framework is widely used as a framework to analyse factors related to the development of innovation-based companies. The use of the Penta Helix framework as the unit of analysis is considered to be relevant because this framework offers a comprehensive perspective and is in line with the economic development innovation and knowledge-based startups. However, there is a lack of research that has been conducted that analyse the nature of support that can be given to startups at their early-stage of creation using the Penta Helix framework that consists of five stakeholders namely Academicians, Businessmen, Government, Communities. This study aims to propose a conceptual model about the nature of support needed by startups in order to survive in their initial stages by using the Penta Helix Framework. This study is a qualitative one using the Focus Group Discussion method, in which participants are made of six early stages technology-based startup founders and CEOs, who were gathered to conduct several discussions regarding the topics. Our results show that obstacles faced by startups include among other: difficulties in obtaining qualified yet affordable workforce in facing existing competitors, difficulties in increasing sales, difficulties in managing product development costs, no adequate support from the government, and ineffective incubation programs. A model that consists of lists of support that startups need, was depict as main contribution from the discussion, named Penta Helix support for startups. This model offers comprehensive practical guide for policy makers to support startups from five perspectives.
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Cheah, Sarah, and Yuen-Ping Ho. "Building the Ecosystem for Social Entrepreneurship: University Social Enterprise Cases in Singapore." Science, Technology and Society 24, no. 3 (October 4, 2019): 507–26. http://dx.doi.org/10.1177/0971721819873190.
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There has been limited study on the role of the startup ecosystem in social entrepreneurship. This article addresses the gap by applying a theoretical framework of startup ecosystem to two social enterprises originating from a Singapore university, examining how they engage with stakeholders to create social impact. WateRoam Pte Ltd is a water innovation startup that deploys cost-effective water filtration solutions to rural communities and disaster-hit locations. Tware is a wearable technology startup with a range of therapeutic products for individuals with autism, stress or anxiety. The two cases provide insights on the ecosystem for social ventures in Singapore. The Finance domain is identified as a potential area of improvement, as there is uncertainty on the appropriate growth trajectory for funding. University incubation and mentor networks are found to be pivotal in extending the Markets domain. Finally, this study highlights the Supports domain in the form of university R&D facilities and accelerator programmes that have been instrumental in strengthening connections. Extending beyond the university context, it is evident that infrastructural resources in the ecosystem are crucial. Policymakers may draw on the experience of countries, like Israel, which have successfully built such support facilities to nurture innovation-based social enterprises.
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Sugiono, Shiddiq, and Maria Puspitasari. "Corporate Branding Organisasi Sektor Publik: Studi pada Technology Business Incubation Center Puspiptek." Jurnal Manajemen Teknologi 19, no. 3 (2020): 290–307. http://dx.doi.org/10.12695/jmt.2020.19.3.5.
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Abstract. Technology Business Incubation Center (TBIC) Puspiptek is a public sector organization that provides business incubation services to startup companies. Communicating the identity of the organization to stakeholders is one effort that can be done to build its own appeal compared to other organizations. This study aims to provide an overview and evaluate the TBIC Puspiptek corporate branding activities through alignment of the vision-culture-image (VCI) model. The method used in this research is descriptive analysis with a qualitative approach, while the research data were obtained through interviews with TBIC management and documentation studies. The results of the study mentioned that TBIC Puspiptek has tried to harmonize its goals, culture and image even though there are still gaps between these components. TBIC has sought to harmonize its identity through the provision of services that foster a spirit of technopreneurship, build a positive communication climate and build good budget management. As for the gaps that arise due to less intense communication with stakeholders, the culture of public sector organizations that are less suited to the private sector as well as the irrelevance of the competencies of incubator managers. The conclusion that can be drawn is that public sector organizations involved in business competition need to do corporate branding in order to have their own appeal compared to other organizations. This research also provides various implications, one of which is to transform the Puspiptek culture as a learning organization. Keywords: Corporate branding, public sector organizations, business incubator, identity, VCI model
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Susanto, Eko Heri, Ahmad Faisal Rizal, and I. Putu Indra Wijaya Suwina. "IMPROVING EXAMPLE-PROBLEM-BASED-LEARNING (EPBL) WITH GROW COACHING MODEL AND DESIGN SPRINT TO OPTIMIZE PRE-INCUBATION CURRICULUM: CASE STUDY OF USER INTERFACE DESIGN." TEKNOKOM 6, no. 2 (July 8, 2023): 69–77. http://dx.doi.org/10.31943/teknokom.v6i2.139.
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Learning to develop user interfaces is one of the subject matter in startup business pre-incubation activities in PT. Tunas Inkubator Creative Startup. The Example-Problem Based Learning (EPBL) learning method is proven to be able to improve students' cognitive abilities (hard skills). However, hard skill competence alone is not enough to measure one's ability. This research aims to improve the hard skill competencies, as well as the soft skills of the tenants. The contribution to this research is that researchers apply the GROW coaching model method to measure tenant motivation and insert design sprints into the Example-Problem-Based Learning method. Where the function of the design sprint is to improve the attitude of cooperation between teams. The improvisation of learning methods in this study aims to measure students' speed in mastering user interface design subjects. From the trial results it is known that tenants can complete the user interface design within 2 weeks.
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Shad, Fazaila, Shahid Jan Kakakhel, and Muhammad Zahid. "THE ANALYSIS OF MULTISTAKEHOLDERS’VIEW OF ECOPRENEURSHIP STARTUPS: A QUALITATIVE CASE OF KHYBER PAKHTUNKHWA PAKISTAN." Pakistan Journal of Humanities and Social Sciences Research 3, no. 01 (June 30, 2020): 145–56. http://dx.doi.org/10.37605/pjhssr.3.1.12.
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Ecopreneurship is an emerging field of interest in a world grappling with achieving social and economic growth, making frugal use of natural resources as well as preventing pollution simultaneously. In this qualitative study, ten multi-stakeholders of various backgrounds, including the National Incubation Center, Trade Development Authority, Chamber of Commerce & Industry Peshawar, and non-government organizations were interviewed to explore the concept of ecopreneurship, and to find out the perceptions of multi-stakeholders about ecopreneurship. The study documented that the stakeholders perceive ecopreneurship as an eco-friendly business. Similarly, the ecopreneurs highlight problems due to unawareness of this concept of environment-friendly business. Likewise, there are several barriers to the sustainability of startups such as limited knowledge, lack of information, lack of awareness by the startup entrepreneurs, and limited funding for promoting sustainable enterprises ecopreneurship. Furthermore, the stakeholders advocate the role of digital technology towards the success of ecopreneurship as it provides a sustainable future through the use of new tools available for startups. The study further discusses theoretical, methodological, and practical implications in the novel concept of ecopreneurship.
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Mazhar, Sajida, Mohammad Bin Afsar Jan, and Mishgan-e. Fatima. "Establishment of business incubation centers in universities: a step towards innovative business in health system." Rehman Journal of Health Sciences 2, no. 2 (February 9, 2021): 27. http://dx.doi.org/10.52442/rjhs.v2i2.48.
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ABSTRACT:
Much needed services & resources for the progression of a business are presented by Business Incubation Centers (BIC) for beginner incubates. A successful business incubate would contribute positively in the region by forming original technologies and reducing unemployment(1, 2).
The set up of Business Incubation Centers (BICs) is supported by Higher Education Commission (HEC) Pakistan which offers related services for young incubates, contributing to successful and freestanding companies in the country(3).
The objectives is to encourage self-employment among the young, commercializing research originating from universities(4), creating alliance between Industry and Academia, & contributing to economic growth by employing & forming viable firms(2).
HEC has established thirty business incubation centers in public sector universities of major cities in Pakistan.
Among the thirty universities, BICs have been set up in two universities related to medicine and allied health sciences namely Khyber Medical University Peshawar and Dow University of Health Sciences Karachi. The focus of this paper is to highlight this under studied area and center of attention are the startup incubates from health industry.
Many ground-breaking inventive projects enlisted on HEC’s website are available for commercialization of research, all originating from engineering and technology, none of which stems from medical universities. Although integrating medicine with technology would positively impact the society many fold yet it appears to be a ground unfamiliar by medical faculty(5)
Assessing comments of medical faculty confirms their estrangement regarding BIC(2). There is a lack of knowledge among the faculty concerning BIC; much work has to be done in encouraging medical faculty which will result in positive contributions.
Informal surveys and observations that we conducted further illustrate the aforementioned point and confirm inadequate knowledge of faculty and students regarding BICs, their objectives and purpose of formation. BIC in health industry appear to be a foreign ground passing unnoticed by faculty today.
One can find many startups emerging in the field of health worldwide from internet sources.(6) In Pakistan many innovative business projects originating from the fields of IT, environmental sciences, agriculture, engineering technology etc have been registered by HEC and are ready for commercialization.
Khyber Medical University Business Incubation Center KUBIC is providing an effective platform interconnecting commercial industries and investors inviting multiple incubates across the province to bring forth innovative ideas in the field of health.
The future of business incubation appears bright as there are rich opportunities of research today despite the challenges they face as analyzed by past three decades of emerging practice. 5
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Wang, Jiwu. "The Exploration and Practices of TusPark in Promoting Business Incubation and Industrial Development." Journal of Evolutionary Studies in Business 7, no. 2 (July 1, 2022): 298–320. http://dx.doi.org/10.1344/jesb2022.2.j114.
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As a new platform for innovation, China's national university science parks gather a wealth of resources for innovation. They are not only the carriers of new knowledge, technologies and systems, but also that of new cultures. As one of the first batch of national university science parks in China, TusPark, which is backed by Tsinghua University with the active participation of varied entrepreneurial, R&D and financial institutions, has basically developed an ecological network for innovation that is distributed throughout the country. It has become an important platform for further transformation of the scientific and technological achievements of universities, as well as promoting the development of strategic emerging industries. Focused on TusPark’s functions and roles in advancing startup incubation and industrial development, this paper conducts an in-depth analysis of TusPark’s developmental path, with research based on interviews conducted with people involved in TusPark’s construction and operations, as well as reviewing the developmental history and models of global university science parks with international perspectives and extracting TusPark’s unique developmental path and model. The aim of this paper is to analyse how TusPark, as the science park of China’s top university, blazed a trail for business incubation and industrial development. The paper presents some typical cases and explains TusPark’s major models for business incubation and industry cultivation. It also discusses the main factors of TusPark’s success and explores its approaches for encouraging future development under new domestic and international circumstances. This article is mainly divided into two parts: The first part mainly introduces historical background, main functions, operation mode, core achievements, success factors and future development prospect of TusPark; the second part briefs planning, construction and the operation management organization TusPark - Tus-Holdings Co., Ltd., including the company's founding background, development history, equity structure, management team and other basic information, as well as the original business model by TusHoldings, that is, building an innovation ecosystem with features of TusHoldings through the "multi-dimensional triple helix" model of government-enterprise-university, park-industry-finance and technology-capital-industry; and the ways to enhance core competitiveness of TusHoldings by building global innovation network, vertical incubation system and innovative industrial clusters.
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Butt, Waqaas Akmal, Qurratulain Shahood, Walid Hussain Farooqi, Kulsoom Ghias, Saniya Sabzwari, and Asad Mian. "Healthcare hackathons: fostering medical education through innovation in a developing country: a case study from Pakistan." BMJ Innovations 7, no. 1 (October 5, 2020): 103–8. http://dx.doi.org/10.1136/bmjinnov-2019-000400.
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BackgroundHackathons aim to develop solutions to preidentified problem domains and catalyse startup cultures. Recently, the teaching and learning potential of hackathons has also been documented. In this study, we make the case for utilisation of hackathons as an alternative teaching and learning tool geared towards entrepreneurship and as an opportunity for interprofessional integration.MethodsThis research study followed up with participants from the third hackathon at the Aga Khan University in Karachi, Pakistan. Hack MedEd was about solutions to problems of undergraduate and postgraduate medical education with an emphasis on low-income to middle-income countries. Participant evaluation data were filled at the end of the hackathon and gathered from three focused group discussions (FGDs): immediately before and after the event, a delayed follow-up after 11 months was recorded.ResultsOf 116 participants, the majority (71%) were under 30 years old, and over half were female. The evaluations provided by hackers were positive overall with a mean score of 4.37 out of 5 on a Likert Scale. During the FGDs, participants spoke positively of the process and felt that, by the end of the hackathon, they had learnt something new. In the delayed follow-up FGD, teams that had undergone incubation expressed that they had gained a critical and simple skillset that they might not have acquired otherwise.ConclusionHackathons business incubation programmes may be considered an alternative teaching and learning tool—especially for individuals studying or working within the healthcare discipline within low-resource settings.
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Kumar, Sushil, Rashmi Singh, M. S. Nain, and Pramod Kumar. "Comparing the Profile Characteristics for Evaluation of the Effectiveness of the Agri-business Incubators." Indian Journal of Extension Education 58, no. 1 (2022): 97–100. http://dx.doi.org/10.48165/ijee.2022.58122.
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The challenge faced by the incubators in India is finding good start-ups that solve theproblems in the market or in value chain. A well-structured incubation program may leadthe startup from idea generation stage to setting up the business and most crucial fundingsupport. Analysis of effectiveness of training programme was done using primary as wellas secondary data. Progress report of the institute and primary information from the traineeswere matched to reach usefulness of the training programme. The primary data was collectedduring August, 2019 to January 2020 with partial structured pre-scheduled interview. Forthe ICAR-BPD trainees there was no substantial variation in age or land ownership,implying that the comparison on certain dimensions could be due to the training programmerather than underlying human attributes. The ICAR-BPD trainees were mainly attemptingto obtain government employment and were often unaware of the training and otherresources available to help them establish their own enterprise. Almost all of the traineesattributed their progress to the RUDSET Institute’s EDP teaching.
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Taimoor, Sadaf, and Mahnoor Hameed. "It’s everybody’s business, Period." Emerald Emerging Markets Case Studies 9, no. 2 (October 19, 2019): 1–24. http://dx.doi.org/10.1108/eemcs-06-2019-0165.
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Supplementary materials A pitch deck for Girlythings has been provided as a supplementary material for this case. Teaching Notes are available for educators only. Please contact your library to gain login details or email support@emeraldinsight.com to request teaching notes Learning outcomes In the light of the case and the accompanying case questions, the students should understand the following: socio-cultural perspectives in adopting the use of taboo products in an emerging economy and a conservative society such as Pakistan; role of government and non-governmental agencies in influencing policy framework; the application of the theory of planned behavior in channeling positive attitudes toward the use of personal hygiene products; peculiarities of formulating an expansion strategy for entrepreneurial ventures; and idiosyncrasies of developing effective business pitches. Case overview/synopsis Founded in early 2018, Girlythings was a young startup spearheaded by Tanzila Khan. It aimed at not only improving the availability of sanitary products in the emerging Pakistan market but, over and above, also removing the stigma attached to the topic of menstruation in the society. While the startup was still nestled at an incubation center, the protagonist faced the utmost challenge of deciding the fate of the venture due to the taboo nature of the product. This case is a rich description of the stigma that prevails on the topic of women health in conservative societies like Pakistan. It will help students appreciate the idiosyncrasies of operating in emerging markets and spearheading ventures that deal with sensitive issues. Complexity academic level This case is geared toward undergraduate students enrolled in courses of strategy, strategic marketing and entrepreneurship. Supplementary materials Teaching Notes are available for educators only. Please contact your library to gain login details or email support@emeraldinsight.com to request teaching notes. Subject code CSS 3: Entrepreneurship
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Scillitoe, Joanne Lee. "Incubation of Technology Startups in India." Academy of Management Proceedings 2019, no. 1 (August 1, 2019): 10162. http://dx.doi.org/10.5465/ambpp.2019.10162abstract.
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Casado, Frank, Julio Siluk, Alvaro Luiz Neuenfeldt Júnior, Lucas De Ataide, and Oscar Daniel Quiroga. "A business performance measurement system for incubated startups." Revista de Administração da UFSM 13, no. 5 (November 28, 2020): 977–96. http://dx.doi.org/10.5902/1983465937817.
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Purpose – The development of a model to measure and assess the performance of start-ups in a standard incubation process, based on 99 critical success factors identified as the most relevant for the context.Design/methodology/approach – A total of three sequential steps were developed to reach the objectives proposed (Problem overview; modeling; and usage). The model was tested on four development stage incubation processes start-ups and three maturity stage incubation processes start-ups, located at the Technological Incubator of Santa Maria (ITSM).Findings – After the modeling phase, compromising results were found for only one developed stage start-up evaluated. Meanwhile, for the maturity stage, all three evaluated start-ups are competitive. To support the strategic decision-making process, the scores obtained were stratified to diagnose which perspective may compromise the performance of each start-up.Originality/value – This research proved to be adaptable to the decision context, thus being amenable to be used in different scenarios. The model presented in this work is composed of a systematic tool suitable to support the continuous improvement and learning processes for incubated start-ups, in specific to measure and assess the performance of start-ups.
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Makai, Attila Lajos, and Tibor Dőry. "Perceived university support and environment as a factor of entrepreneurial intention: Evidence from Western Transdanubia Region." PLOS ONE 18, no. 6 (June 15, 2023): e0283850. http://dx.doi.org/10.1371/journal.pone.0283850.
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The exploration of entrepreneurship has become a priority for scientific research in recent years. Understanding this phenomenon is particularly important for the transformation of entrepreneurship into action, which is a key factor in early-stage entrepreneurial activity. This gains particular relevance in the university environment, where, in addition to the conventional teaching and research functions, the entrepreneurial university operation based on open innovation, as well as the enhancement of entrepreneurial attitudes of researchers and students, are receiving increased attention. This study is based on a survey conducted among students attending a Hungarian university of applied science in Western Transdanubia Region who have demonstrated their existing entrepreneurial commitment by joining a national startup training and incubation programme. The main research question of the study is to what extent student entrepreneurship intention is influenced by the environment of the entrepreneurial university ecosystem and the support services available at the university. A further question is whether these factors are able to mitigate the negative effects of internal cognitive and external barriers by enhancing entrepreneurial attitudes and perceived behavioural control. The relatively large number of students involved in the programme allows the data to be analysed using SEM modelling. The results indicate a strong covariance between the perceived university support and environment among students. Another observation is the distinct effect of these institutional factors on perceived behavioural control of students.
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Pardesi, Gopal. "Modeling Role of ICT in Business Startups and Incubation." International Journal of Computer Sciences and Engineering 6, no. 8 (August 31, 2018): 968–73. http://dx.doi.org/10.26438/ijcse/v6i8.968973.
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Chaudhari, Sagar Lotan, and Manish Sinha. "A study on emerging trends in Indian startup ecosystem: big data, crowd funding, shared economy." International Journal of Innovation Science 13, no. 1 (January 7, 2021): 1–16. http://dx.doi.org/10.1108/ijis-09-2020-0156.
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Purpose India ranks third in the global startup ecosystem in the world incubating more than 50,000 startups and witnessing 15% YoY growth per year. Being a center of innovation and skilled labor, Indian startups have attracted investments from all over the world. This paper aims at exploring the trends that are driving the growth in the Indian startup ecosystem. Design/methodology/approach Top 200 startups according to valuation are selected as a sample to find out the major trends in the Indian startup ecosystem. This paper includes surveying the sample startups about the implementation of trends such as big data, crowdfunding and shared economy in their startup and its tangible, as well as intangible impacts on their business. The result of the survey is analyzed to get an overview of the emerging trends in the Indian startup ecosystem. Findings Major ten emerging trends that drive growth in the Indian startup ecosystem are discovered and the areas where these trends can be leveraged are identified. Originality/value This research has contributed toward structuring and documenting the growth driving trends, and it will help the budding entrepreneurs to get familiar with the contemporary trends, pros and cons associated with it and the ways to leverage these trends to build a successful startup.
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Soeryo Prayogo, Mayar, Usep Suhud, and Agung Wahyu Handaru. "Assessing Startup Performance: "Case Study at National Business Incubator"." International Journal on Advanced Science, Education, and Religion 2, no. 3 (November 16, 2019): 38–51. http://dx.doi.org/10.33648/ijoaser.v2i3.40.
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This study aims to examine the Startup Performance of the national incubator which are includes Knowledge Management, Business Incubator, and the effectiveness of innovation. Besides that this research is expected to have tangible benefits toward the process of achieving Startup goals that owned by business performers. This study will test five hypotheses of direct influence (effect) and two hypotheses of mediating influence (indirect effect). This study will use 339 respondents as sample with a Startup analysis unit that operates and is affiliated with a local Startup development business incubator located in Jabodetabek, West Java Province (excluding Depok & Bekasi), Central Java and Bali. The intended startup on this research is Person In Charge (PIC) / company founder / owner. The PIC / founder / owner of the company here is not limited by age, gender and position at the Startup. The company's PIC / founder / owner is only limited towardStartup which is built by the business incubator. The research method used is Confirmatory Factor Analysis (CFA) to test path analysis by operating AMOS 22. The results of this study indicate that all proposed hypotheses can be accepted statistically, both direct side and indirect effects (mediation) side
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Srinivas, K. "Innovations and business incubation for startups for effective technology transfer." ORYZA- An International Journal on Rice 55, spl (2018): 90. http://dx.doi.org/10.5958/2249-5266.2018.00011.5.
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Kim, Tae-Kyung, Hae In Yong, Hae Won Jang, Heeyoung Lee, Young-Boong Kim, Ki-Hong Jeon, and Yun-Sang Choi. "Quality of Sliced Cured Pork Loin with Spinach: Effect of Incubation Period with Starter Culture." Journal of Food Quality 2019 (October 7, 2019): 1–8. http://dx.doi.org/10.1155/2019/6373671.
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An increasing concern about the usage of chemical additives in meat products has resulted in the use of natural ingredients instead of chemical additives in meat products. Therefore, this study aimed to investigate the effect of incubation period on the physicochemical characteristics of meat products cured with spinach and starter culture containing Staphylococcus carnosus. The pH, color, TBARS lipid oxidation, volatile basic nitrogen, residual nitrite content, and microbial number in cured pork loin were determined by incubating it with spinach and starter culture for the following durations: 3, 6, 9, 12, 24, and 48 h. The pH and TBARS values of cured pork loin incubated with spinach and starter culture decreased in a time-dependent manner. An increase in the incubation time from 3 to 48 h resulted in a significant increase in the redness and volatile basic nitrogen content. The residual nitrite content was observed to be maximum in samples from the I48 group followed by the control (+), preconverted nitrite group, and I24 groups. Thus, we found that incubation with spinach and starter culture for 24 h yields a good-quality cooked sliced cured pork loin.
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Fitria, Sisca Eka, and Faris Rahman Hakim. "Identification of Critical Success Factor Startup in Business Incubators (Case Study: Bandung Techno Park)." International Journal of Social Service and Research 2, no. 10 (October 27, 2022): 881–95. http://dx.doi.org/10.46799/ijssr.v2i10.162.
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The growth of startups in Indonesia has been relatively fast since the last few years. Startup growth must be accompanied by knowledge related to critical success factors for the success of startup. Bandung Techno Park serves an incubator to help develop startups toward success. This research aims to find out the critical success factors of startups in Bandung Tecno Park. Grand theory in this study is entrepreneurship and the applied theory is a critical success factor. This research examies innovation, entrepreneurship, technology and economics as critical success factor of startups. Research methods in this study use qualitative research methods with descriptive analysis. Data obtained in-depth interviews with CEOs and startup experts in Bandung Techno Park. The data analysis techniques used are data collection, data reduction and data conclusion. The result of this study show that Innovation is one of the startup needs that must be met so that startups continue to grow and continue to be acceptable to the market. In implementation of innovation, obstacles that are often encountered in innovating are related to market targets, capital resources, technological trends, and human resources. Entrepreneurship is one of the concepts that must be understood and owned by a CEO in order to be able to run his business well. Technology is a tool that cannot be separated from startups. Startups always need technology, but technology skills of the operators are needed more than the latest technology. Economist, deals with funding including investors and financial management. Things to note related to funding are how to attract investors, maintain investor contracts and manage finances wisely. Of these four factors, entrepreneurship is the most important factor in startup success. This aspect of entrepreneurship is related to the characteristics of the founder, and the performance of human resources